Wednesday 26 August 2015

AGIP, ARCO GAS CONTRACT CRISIS DEEPENS OVER $77M PRICE VARIATION

The last may not have been heard about the controversies surrounding the multi-billion dollar contract for the maintenance of Nigerian Agip Oil Company, NAOC’s OBOB/Kwale/Ebocha gas plant.

Indeed, Agip and the indigenous oil service company, Arco Petrochemical Engineering Company Plc, among others, have continued to lock horns on the need to follow due process in the approval of the contract, while the cost of the project remains a bone of contention.

Read more @ The Guardian

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